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Which of the following reduced the demand stimulus effects of the Fed's low interest rate policy pursued during, and after, the financial crisis of 2008-2009?
Which of the following reduced the demand stimulus effects of the Fed's low interest rate policy pursued during, and after, the financial crisis of 2008-2009? a. A sharp increase in the rate of inflation during 2009-2012. b. Declining stock prices during 2010-2012. c. A reduction in earnings derived from money market accounts, saving deposits, and similar saving instruments. d. An increase in the velocity of money
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